Second Look: Data Security In A Hybrid Cloud

Grazed from DarkReading. Author: Bill Kleyman.

When it comes to cloud adoption, one of the longest standing debates revolves around data integrity and security. The FUD around cloud always has involved issues of security and information access. But what if we have it all wrong? What if we are actually misunderstanding the true, underlying business model of a modern cloud environment?

But before we get into that, let’s look at the current data breach landscape. A recent 2014 Ponemon study shows that a probability of a material data breach over the next two years involving a minimum of 10,000 records, at an on-premise data center, is nearly 19 percent. In addition, the study reports:…

• The cost of a data breach has increased. Breaking a downward trend over the past two years, both the organizational cost of data breach and the cost per lost or stolen record have gone up, on from $5.4 million to $5.9 million per organization studied. The cost per record increased from $188 to $201.
• Malicious or criminal attacks result in the highest per capita data breach cost. Consistent with prior reports, data loss or exfiltration resulting from a malicious or criminal attack yielded the highest cost at an average of $246 per compromised record. In contrast, both system glitches and employee mistakes resulted in a much lower average per capita cost at $171 and $160, respectively…

Read more from the source @ http://www.darkreading.com/cloud/second-look-data-security-in-a-hybrid-cloud/a/d-id/1319386